Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Belvedere Tiburon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Belvedere Tiburon, CA provides a financial boost to eligible homebuyers in Belvedere Tiburon, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Belvedere Tiburon, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Belvedere Tiburon, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Belvedere Tiburon, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Belvedere Tiburon, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Belvedere Tiburon, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Belvedere Tiburon, CA.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Belvedere Tiburon, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Belvedere Tiburon, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Belvedere Tiburon is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes homeownership more accessible to a wider range of individuals and families who may struggle with a larger upfront payment. Another advantage is the more lenient credit score requirements compared to traditional loans, allowing individuals with less-than-perfect credit scores to qualify for the loan. This can be particularly beneficial for first-time homebuyers and those with limited credit history. Furthermore, FHA loans offer competitive interest rates, which can result in lower monthly mortgage payments compared to other financing options. This can help make homeownership more affordable in Belvedere Tiburon, a picturesque town known for its high cost of living. Demographics: Belvedere Tiburon has a population of approximately 9,100 residents, with a median household income well above the national average. The town boasts a diverse community, with a mix of professionals, families, and retirees. Main Attractions: Belvedere Tiburon offers stunning views of the San Francisco Bay, waterfront parks, and a vibrant arts scene. Residents and visitors can enjoy hiking, biking, and exploring the local shops and restaurants. Housing Market: Belvedere Tiburon's housing market is competitive, with a median home price significantly higher than the national average. The market is characterized by limited inventory and high demand, making FHA Down Payment Assistance Home Loans a valuable financing option for prospective homebuyers.
Benefits of FHA Down Payment Assistance Home Loan in Belvedere Tiburon, California